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AI data centers have a branding problem, according to venture capitalist Gavin Baker.Baker is a longtime tech investor. He serves as managing partner and chief investment officer at the hedge fund Atreides Management, which has invested in multiple data center-related companies, such as Crusoe. On “The A16z Show,” he made…
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks.The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too.The exchange-traded…
Venture capitalist David Friedberg says critics shouldn’t write off New York Mayor Zohran Mamdani’s city-run grocery stores.”Everyone’s got it a little bit wrong in assuming that this thing is going to radically fail,” Friedberg said during a recent episode of “The All-In” Podcast, which he cohosts.Friedberg said, “It’s a sad…
Michael Burry hit back at President Donald Trump after the US leader jeered at short sellers on Monday.Speaking at a White House luncheon to mark the launch of Trump Accounts, Trump hailed the “hottest stock market in history” and pondered aloud whether anyone wasn’t enjoying the ride.”I guess you have…
